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Pay off your debts

At Resolver, we’re all about solutions – though if it’s already too late and you find yourself in a difficult position and need to make a complaint, get in touch.

Here’s some tips on dealing with the debt bubble bursting.

Be realistic about your finances - If you know money is tight, spend five minutes working out how tight it is. Knowing what cash you have to spare can help you start to put a little aside to cover you if something goes wrong.

Call it what it is - Online catalogue? Storecard? All expensive forms of credit. If you’re not paying them off during free deals, then don’t use them anymore and pay off the debts when you can.

Ask for help - People don’t realise that they can ask banks and credit providers for help and advice before they get in to trouble. See if you can reduce or spread out your payments and ask them for their tips. If they decline to help, any complaint you make stands a good chance of succeeding.

Downsize - It sucks, but if your finances are over extended, downsize your spending while you can. There are loads of ways to do this, so get in touch if you’re struggling.